Listen: The Semiconductor Market To Grow 7.5 Percent


The semi-conductor market is set to increase dramatically with a 7.5 % boost in 2018 totaling out to about $481 billion. This outlook rose by $23.6 billion compared with the previous forecast as prices continue to rise for both DRAM and NAND flash memory. Although, Gartner is stating that with component shortages come a volatile market in the upcoming year as an ever-increasing BOM results in having to raise certain ASP’s. However, if we remove memory sectors from the situation, the market growth percentage lowers to 4.6% in comparison to 9.4% from the previous year. In a recent statement, Gartner’s Ben Lee states to Electronics Weekly that, “after growing by 22.2% in 2017, worldwide semiconductor revenue will revert back to single-figure growth in 2018 before a correction in the memory market results in revenue declining slightly in 2019.” With this significant boost in predicted revenue, it’s evident that semi-conductors will continue to experience a steady upward buildup in the years to come.

Follow us on social media for the latest updates in B2B!


Finishing Industry Trends and Challenges: Manufacturing A Stronger Standard
July 2, 2022
This episode of Manufacturing A Stronger Standard is live from FABTECH 2021. Host and President of LestaUSA and DeGeest Corp. Derek DeGeest, talked with Scott Francis, editor-in-chief of Products Finishing, the Read more
Manufacturing a Stronger Standard: Richard Wilcox and LestaUSA Increasing Customers’ Production with New Automation Systems
July 2, 2022
Achieving automation on the finishing side requires many pieces—two of the most important being the conveyor system and robotics. Host of Manufacturing a Stronger Standard Derek DeGeest spoke with Systems Sales Read more
Manufacturing a Stronger Standard: Nordson Customer Success with LestaUSA Technology
July 2, 2022
Derek DeGeest was back at FABTECH 2021 for another Manufacturing a Stronger Standard conversation. He spoke with Frank Mohar, Regional Sales Manager at Nordson, about the partnership between the companies and Read more